Holt v. First National Bank of Minneapolis

This appeal deals with the validity of a provision in an installment sales contract whereby the purchaser of an automobile waived as against the assignee of the contract defenses which could have been asserted against the assignor-seller.' The trial court held that the assignment of the contract containing the waiver provision was unrelated to the actual sale of the automobile “in the usual sense” and that it was not “unconscionable” *458to enforce the waiver in the peculiar circumstances of the case. We agree and affirm.

In May 1967, plaintiff, Gail Holt, purchased a Dodge Charger automobile from…